Bullish bounce?DAX40 (DE40) is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 21,518.66
1st Support: 21,157.88
1st Resistance: 22,031.65
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Trend Analysis
DXY just broke below the 1W MA200 after 6 months!The U.S. Dollar index (DXY) broke today below its 1W MA200 (orange trend-line) for the first time in 6 months (since the week of September 30 2024). By doing so, it has almost hit the bottom (Higher Lows trend-line) of the long-term Channel Up.
The last contact with the 1W MA200 initiated a massive Bullish Leg two weeks after, so it would be an encouraging development if the candle holds here or better yet even close above the 1W MA200.
If it does, we expect a new strong Bullish Leg to start, targeting initially at least the 0.786 horizontal (blue) Fibonacci level at 108.000.
If not, the 2-year Support Zone is the last defense, with 99.600 as its lowest level (the July 10 2023 Low). Below that, a multi-year downtrend for DXY awaits.
Notice however, the incredible 1W RSI symmetry between selling sequences. Since January 2023, we've had two -54.50% declines. Right now, the current decline since January 2025 is exactly at -54.50%. If DXY rebounds here, it will confirm this amazing symmetry.
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Bitcoin (BTC/USD) Trade Setup & Analysis🔹 Trend Analysis:
📉 The chart shows a downtrend followed by a reversal attempt.
📈 The price bounced off a support zone and is moving upwards.
🔹 Indicators:
📊 The 9-period DEMA (83,805.38) is slightly above the current price, acting as a resistance level.
🔹 Trade Setup:
🟢 Entry Zone: Around 82,943 (Current Price)
🔴 Stop-Loss: 81,183.22 ❌ (Below support level)
🎯 Target Point: 85,563.52 ✅ (Upper resistance level)
🔵 Strategy: The trade anticipates a price dip before
BTCUSDT:Test support, go long on pullbackBitcoin has also experienced a rapid decline due to the tariff remarks of the U.S. government. It is currently testing a key support level. If it continues to fall and breaks below 81,126, a bearish trend will be confirmed. If this support level is not breached, one can initiate long positions at the low level.
Trading Strategy:
buy@81500-82500
TP:83500-84500
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GBPCAD - Is Bullish Breakout Ahead?TF: 4h
GBPCAD is initiating along opportunity by completing 4th intermediate wave at 1.83464 . We can expect a retracement then reversal with near the lower trendline of the parallel channel.
Once price comes down, we will have the opportunity to go long with minimum stop level at low of the wave 4 at 1.83640 . The bullish scenario is capable GBPCAD to provide 1.8654 - 1.8748 targets to the buyers.
If the breakdown occurs, wave (4) will go deep. We update this chart time to time. Traders should only buy after a clear reversal.
SUI ready to provide structure? Be prepared for downside.SUI is at a good level, to get some support. There are further levels to get support below. However, a pivot structure can be built here. Momentum has room to get further oversold, but some downsides could still happen. DCA is the best strategy.
Full TA: Link in the BIO
Tron (TRX): Possible Double Top Pattern FormingTron coin is approaching approachingthe neckline zone where recently we formed a second top, which gave us a sign of a potential upcoming "double top" pattern. We are waiting for a breakdown to happen.
As soon as we get the breakdown, we will be looking for a short position where we might catch a good R:R position.
Swallow Team
Gold (XAU/USD) Technical Analysis: SMC Trading point update
This chart is a technical analysis of Gold (XAU/USD) on a 4-hour timeframe. Here’s a breakdown
1. Ascending Channel:
The price is moving within an upward channel, showing a bullish trend.
Higher highs and higher lows confirm the uptrend.
2. Support and Resistance Zones:
Yellow Boxes: Key support zones where price previously consolidated before moving higher.
Red Arrows: Marking resistance zones where the price faced rejection.
Green Arrows: Indicating support levels where the price bounced.
3. Current Price Action:
Price recently dropped to a key support zone (around $3,050).
A bullish reaction is expected from this level.
If support holds, the price may continue the uptrend toward the target of $3,186.
4. Projected Move:
The black zigzag line suggests a potential bounce from support.
If the support level holds, price could move back up within the channel.
Mr SMC Trading point
Conclusion:
If price respects the support zone, there could be a good buying opportunity.
A break below the support zone would signal potential bearish movement.
Monitoring price action around the yellow zone is crucial for confirming direction.
Pales support boost 🚀 analysis follow )
Lingrid | CADJPY channel BREAKOUT. Potential Bearish MoveFX:CADJPY market recently broke and closed below the upward channel and following the channel breakout, the price has formed a range zone around 130.500. On the 1H timeframe, the market is making lower lows, while the daily timeframe shows a large engulfing candle, suggesting that the correction may be coming to an end. Given that today we have high-impact news, we can expect increased volatility in the market. I think that the price may move lower if it remains below the 104.000 resistance zone. My goal is support zone around 102.500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
IDEA FOR GBP/USD NEXT WEEKGBP/USD 1H - Now that we have seen price trade us up and into the Supply Zone above, this may encourage price to take a move back to the downside, given enough Supply has been introduced.
I would like to see price now trade us back up and into the Order Block that has been left behind, just to clear any remaining orders to the upside before the down move. In order for us to enter we want further confirmation.
This will come from price trading up and into the Supply Zone marked out, breaking structure fractally as displayed above. This would confirm the end of the correction and the start of the next impulse taking us lower.
Once we have this, we can then begin looking for areas to enter in short on this market. I will want to see price pullback a final time more fractally to give us the opportunity to enter, and illustration of this can be seen above.
Bitcoin Market Auction Theory – Volume Levels & Market RotationHello Traders,
Bitcoin’s price action is currently respecting key volume levels, aligning with market auction theory. This concept suggests that price tends to rotate between value area high (VAH) and value area low (VAL), using the point of control (POC) as a midpoint. With price recently rejecting the VAH, the probability of a move lower has increased.
Key Technical Points:
• Market Auction Theory: Price typically rotates between VAH and VAL, with the POC acting as a key pivot.
• Current Price Structure: The VAH at $88,200 has seen rejection, increasing the likelihood of a move toward the POC at $67,200.
• Volume Profile Insight: Declining volume suggests consolidation is nearing its end, with an expected volume spike driving the next major move.
If Bitcoin loses the POC at $67,200, it significantly increases the probability of a full rotation down to the VAL at $49,500, completing the auction cycle. However, a bounce from POC could provide short-term support before the next major move develops.
For now, Bitcoin is consolidating, but the volume profile suggests a breakout is imminent. Traders should monitor key levels closely, as an influx in volume will likely dictate the next major directional move.
AUDUSD POTENTIAL LONG POSITION Q2 W14 Y25 FRIDAY 4TH APRIL 2025AUDUSD POTENTIAL LONG POSITION Q2 W14 Y25 FRIDAY 4TH APRIL 2025
Could well be the only position to provide fun coupons on a successful week of trading.
The concept is quite simple but does lack a few of our favourite confluences. If this was the beginning of the week, we would perhaps wait for a 15' break of structure but this takes away the Tokyo range fill confluences.
We require a tap into the 15' order block, followed by a bullish move from the point of interest. This in turn we wish to leave behind a void and order block creation. In the same breath, we require lower time frame breaks of structure since the break of 15' would not then give us enough time on an NFP Friday for price action to pull back to the low point of interest and a move long.
Lets see how it plays.
FRGNT x
HOLY MOLY! ARE WE IN A RECESSION? $TSLA $120 BEAR FLAG PATTERNA bear flag trading pattern is a technical analysis formation that features a downward-sloping flagpole, followed by a consolidation phase forming a parallel channel. This pattern suggests a potential sharp decline or continuation of the downward trend
I also notice a head and shoulders pattern, as well as an inverse cup and handle.
Everything points to $120.
Sell/Short NASDAQ:TSLA right now with fact check:
+brand reputation risk, high competition, loss of EV market leadership, cyber truck/ product recalls, declining sales with lower margin, stock volatility concern, insider selling, investors buy it based on expected future earnings rather than its current profitability.
+ potential stagflation, tariff war, slow economic growth, inflation, rising public debt, geopolitical tensions, ai bubble, and more
Buy SilverAs long as there is no break in the uptrend on the daily chart, a long position can be attempted from the current level with a target of the previous highs at 34.80-35.00
Since the trade is taking place during a period of high volatility and the entry is not the most stable, it is better to trade with a stop-loss, adjusting it throughout the day as the price moves up.
The first stop is at 31.70. Then, if 32.50 is broken, move it to 32.10, and so on.